v3.26.1
Share-based Compensation (Tables)
 12 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Summary of Stock Option Activities
The following table summarizes the Company's stock option activities:
Weighted
WeightedAverage
AverageRemaining
Number ofExercise PriceContractual Aggregate
SharesPer ShareTerm (in years)Intrinsic Value
Outstanding at June 30, 2023319,375 $7.53 
Exercised(309,375)$7.48 $5,588,750 
Outstanding at June 30, 202410,000 $9.07 
Exercised(10,000)$9.07 $265,267 
Outstanding at June 30, 2025— $0.00 
Exercised
— $0.00 $0 
Outstanding at June 30, 2026
— $0.00 0.00$0 
Options vested and expected to vest— $0.00 0.00$0 
Exercisable at June 30, 2026
— $0.00 0.00$0 
Restricted Stock Units Activity The following table summarizes the Company’s TRSU activities:
 
Number of Time-based Restricted Stock
Units
Weighted Average
Grant Date Fair
Value Per Share		Weighted Average
Remaining
Recognition
Period (Years)		Aggregate Intrinsic Value
Nonvested at June 30, 20231,385,065 $32.48 $45,430,132 
Granted679,993 $23.12 
Vested(521,109)$30.00 
Forfeited(74,814)$30.34 
Nonvested at June 30, 20241,469,135 $29.13 $54,901,575 
Granted655,738 $29.39 
Vested(574,664)$31.17 
Forfeited(58,283)$28.25 
Nonvested at June 30, 20251,491,926 $28.50 $38,282,821 
Granted874,131 $24.63 
Vested(589,481)$30.03 
Forfeited(147,607)$28.56 
Nonvested at June 30, 20261,628,969 $25.86 1.71$77,099,103 
The following table summarizes the Company’s PRSU activities:
Number of Performance-based Restricted Stock
Units		Weighted Average
Grant Date Fair
Value Per Share		Weighted Average
Remaining
Recognition
Period (Years)		Aggregate Intrinsic Value
Nonvested at June 30, 2023526,714 $32.19 $17,276,219 
Granted209,250 $21.55 
Vested(123,632)$30.50 
Forfeited(268,207)$26.59 
Nonvested at June 30, 2024344,125 $30.69 $12,859,951 
Granted209,750 $27.61 
Vested(133,910)$33.60 
Forfeited(10,402)$48.65 
Nonvested at June 30, 2025409,563 $27.71 $10,509,387 
Granted204,000 $21.43 
Vested(138,808)$30.75 
Forfeited(26,317)$33.57 
Nonvested at June 30, 2026
448,438 $23.57 1.82$21,224,571 
Schedule of Nonvested Share Activity
The following table summarizes the Company’s MSUs activities:
Number of Market-based Restricted Stock
Units
Weighted Average
Grant Date Fair
Value Per Share		Weighted Average
Remaining
Recognition
Period (Years)		Aggregate Intrinsic Value
Nonvested at June 30, 20232,108,000 $25.86 $69,142,400 
Vested(275,000)$5.17 
Forfeited(106,000)$42.32 
Nonvested at June 30, 20241,727,000 $28.15 $64,537,990 
Vested(270,000)$5.17 
Forfeited(21,000)$38.14 
Nonvested at June 30, 20251,436,000 $32.32 $36,847,760 
Vested(267,500)$5.17 
Forfeited(131,500)$44.33 
Nonvested at June 30, 2026
1,037,000 $37.80 2.39$49,081,210 
Employee Stock Purchase Plan, Valuation Assumptions
The ESPP is compensatory and results in compensation expense. The fair values of common shares to be issued under the ESPP were determined using the Black-Scholes option pricing model with the following assumptions:
Year Ended June 30,
202620252024
Volatility rate
76.0% - 81.0%
54.1% - 71.0%
53.0% - 64.3%
Risk-free interest rate
3.7% - 3.9%
4.1% - 4.4%
5.0% - 5.2%
Expected term1.3 years1.3 years1.3 years
Dividend yield—%—%—%
Share-based Compensation, Allocation of Recognized Period Costs
Share-based Compensation Expenses
The total share-based compensation expense related to TRSU, PRSUs, MSUs, and ESPP described above, recognized in the consolidated statements of operations for the years presented was as follows:
Year Ended June 30,
202620252024
(in thousands)
Cost of goods sold$4,469 $4,224 $3,434 
Research and development7,071 8,123 5,210 
Selling, general and administrative15,138 17,222 12,997 
$26,678 $29,569 $21,641